UBA secures interim asset freeze against Vitol SA over $242m petroleum products dispute
United Bank for Africa (UBA) Plc has secured interim preservative orders from the Lagos State High Court against Switzerland-based energy trading company Vitol SA and four other shipping companies over an alleged $242 million petroleum products diversion dispute. The orders, granted last Thursday, include measures to restrain the dissipation of assets and dealings with funds […] The post UBA secures interim asset freeze against Vitol SA over $242m petroleum products dispute appeared first on Nai
United Bank for Africa (UBA) Plc has secured interim preservative orders from the Lagos State High Court against Switzerland-based energy trading company Vitol SA and four other shipping companies over an alleged $242 million petroleum products diversion dispute. The orders, granted last Thursday, include measures to restrain the dissipation of assets and dealings with funds […]
The post UBA secures interim asset freeze against Vitol SA over $242m petroleum products dispute appeared first on Naijaonpoint.com.ng.
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About this article
- Length
- 76 words · 1 min read
- Published
- October 24, 2026
- Byline
- Sunnex Egbu
- Source
- Naijaonpoint.com.ng